Cost Engineers - New Hospital Programme

Turner & Townsend; London; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading global professional services company is seeking a Cost Engineer for the New Hospitals Programme in London. This role involves developing and implementing cost control systems, and working closely with project teams to ensure budgetary compliance and effective management of project finances. The ideal candidate will have proven experience in project controls and proficiency with cost management systems. The company promotes a dynamic workplace that encourages diversity and inclusion, offering opportunities for professional growth and a supportive work-life balance.

Qualifications

• Proven experience in project controls through all phases of the project lifecycle including program, risk, and reporting for major projects.
• Highly conversant with cost management systems like Ecosys and corporate ERP systems.
• Ability to define project cost procedures and standards.

Responsibilities

• Establish project control budget aligned with agreed baselines.
• Track and control project accruals and commitments.
• Provide accurate reporting of all cost related project information.

Skills

Project controls coordination

Cost management systems

Risk management

Reporting for major programs

Tools

Ecosys

SAP

Oracle

Job description

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Cost Engineers - New Hospital Programme, London

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Client:

Turner & Townsend

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

25c03612fe18

Job Views:

6

Posted:

02.06.2025

Expiry Date:

17.07.2025

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Job Description:

Company Description

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.

Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.

Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.

Please visit our website:

Job Description

As an experienced Cost Engineering professional, you will work on the New Hospitals Programme amongst others. You will establish the required processes, templates and tools, and agree the baseline for cost and schedule, whilst monitoring performance against it and incorporating the impacts of risk, opportunities and change in a controlled manner. In order to do this, you will: -

• Development of project cost control data structures to accurately track and control actual costs
• Establishing and setting the project control budget aligned with agreed baselines
• The tracking of actual costs both for internal and external expenditure against the cost controls structures
• The tracking and control of project accruals and commitments against set budget constraints
• The build of project forecast to include estimate to complete (ETC) and the development of the estimate at complete (EAC)
• The accurate and timely reporting of all cost related project information
• Working with the planning function to accurately apply Earned Value Management rules.
• The tracking of project contingency and exposure associated with risk events and remaining risks on the project
• The tracking of project change control to ensure alignment with agreed baselines and control data structures
• The tracking of key project trends and actioning as appropriate.

Qualifications

Skills Required

• Proven experience in project controls coordination in all phases of the project lifecycle including program, risk and reporting for major programs such as rail, highways etc.

Worked across the full project lifecycle including for pre-investment decision, design development, execution, and commissioning phases.

Has experience in working to cost engineering procedures and processes, and the ability to define project cost procedures and standards to which the project and/or programme will adhere to.

Highly conversant with cost management systems such as Ecosys, including for the interface with corporate ERP systems such as SAP and Oracle. The cost engineer would have an appreciation of business rules, and how project funding and performance aligns with business financial account requirements within the project or programme environment.

Additional Information

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please find out more about us at

#LI-AS1

#LI-Hybrid

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Join our social media conversations for more information about Turner & Townsend and our exciting future projects:

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property ofTurner & Townsend and arenot subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team,to submit candidates for review.

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Join our social media conversations for more information about Turner & Townsend and our exciting future projects:

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property ofTurner & Townsend and arenot subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team,to submit candidates for review.